(DCNF)—Gayle King is reportedly preparing to step down as co-host of CBS Mornings next year as part of a sweeping overhaul under new parent company Paramount Skydance. King’s contract runs through May and is said to be in discussions about transitioning into a new role within the network’s news division as Paramount’s leadership reshapes the organization from the top down, according to Variety. Executives at CBS are reportedly eager to keep King under contract by offering her the opportunity to develop her own programs or specials under the network’s banner. A CBS spokesperson, however, insisted no formal talks about her...